Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) Short Interest Down 34.6% in July

Bluemonte Large Cap Value ETF (NYSEARCA:BVAL) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 16,402 shares, a decline of 34.6% from the June 30th total of 25,079 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 19,899 shares, the days-to-cover ratio is currently 0.8 days.

Bluemonte Large Cap Value ETF Stock Up 0.0%

Shares of NYSEARCA BVAL traded up $0.01 during midday trading on Friday, hitting $31.49. The stock had a trading volume of 32,695 shares, compared to its average volume of 28,862. The company’s 50-day simple moving average is $31.17 and its 200 day simple moving average is $29.80. Bluemonte Large Cap Value ETF has a fifty-two week low of $25.60 and a fifty-two week high of $31.70.

About Bluemonte Large Cap Value ETF

The investment seeks to track the performance, before fees and expenses, of the EQM Brand Value Index (the index). Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index measures the performance of up to 50 publicly-traded U.S. companies based on a proprietary analysis of the value of their brand relative to their market capitalization.